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Stephanie Sievers, who already has experience running two small credit unions, will take over at the $35 million-asset CU.
February 12
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Rheo Brouillard, the head of SI Financial, finally had a solid offer in hand after more than two years of searching for a buyer. But the resignation 10 days later of the man who made him that offer — Berkshire Hills’ Michael Daly — sent Brouillard scrambling.
February 12
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The Lee's Summit, Mo.-based institution has paid out $350,000 over the last five years to members.
February 12
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The credit union service organization said the value of its shares have jumped more than 300 percent over the last seven years.
February 11
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From expanding branch access in underserved areas to a cafe for kids and more, here's another look at credit union outreach efforts.
February 11
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Among the 2018 highlights for the Honolulu-based credit union were a 108% rise in net income.
February 11
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Boat sales have increased since the financial crisis, creating an opportunity for credit unions, but a number of risks mean institutions should tread carefully.
February 11
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The bank says it has restored access, but it hasn’t explained how a fire-suppression system at one facility could cause a nationwide outage across all of its channels, or how its system as a whole could have been left so vulnerable to the incident.
February 8
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As they continue to protest credit union mergers, banks are set to reap the benefits from a deal that will create an institution one-third the size of the entire CU industry.
February 8
America's Credit Unions -
Nine banks agreed to be sold to credit unions last year. Some industry observers believe that number could double this year.
February 8
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Maureen Genna will take over from retiring CEO Linda Levy, who gained notoriety when she sued the Trump administration.
February 8
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Michael Athens was the Albuquerque, N.M.-based institution's vice president of operations before serving as interim president and CEO.
February 8
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BB&T is buying SunTrust Banks, creating a $442 billion-asset institution. Credit unions are hopeful the mega merger will present an opening to pick up new business.
February 8
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BB&T and SunTrust would be able to go toe to toe with the industry's heavyweights.
February 7
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The Lake Mary, Fla.-based shop will also convert to a state charter and plans to drop the phase "credit union" from its name.
February 7
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A number of credit unions, including Direct Federal Credit Union, have appointed new executives.
February 7
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Customers reported being unable to access online banking, mobile banking or their debit cards.
February 7
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Management success isn’t about adopting the latest technology craze or exuding charisma, it’s about prioritizing employees and customers.
February 7
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The industry's largest acquisition in more than a decade will create the sixth-biggest bank in the country, with assets of more than $442 billion.
February 7
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A former audit executive at Citi and Amex, Julie Scammahorn is replacing David Julian, who remains on administrative leave. She will join the bank in April.
February 6
